Tuesday, December 11, 2018
Technology News
Technology News Delivered Daily
Home / Business  / Scality Secures $60 Million in New Funding

Scality Secures $60 Million in New Funding

Scality Secures $60 Million in New Funding
Credit: scality.com

Scality, a software company specializing in distributed file and object storage and multi-cloud data control, raised an additional $60 million in funding from Silverpeak, a Europe-based technology-focused independent investment bank. This latest round includes participation from existing investors, Scality staff, and a new investor, Harbert European Growth Capital.

Scality has won awards from analysts, industry groups and channel organizations for its Scality RING Software-Defined Storage, including a leadership position in the famous Gartner Magic Quadrant. As the largest independent vendor in its space, it has more than 200 customers, all with storage footprints measured in petabytes.